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To: saywhatagain
That 1985 bill is also referred to as Gramm-Rudman-Hollings.

https://en.wikipedia.org/wiki/Gramm%E2%80%93Rudman%E2%80%93Hollings_Balanced_Budget_Act

I haven't heard about that for years.

The Acts provided for automatic spending cuts ("cancellation of budgetary resources", called "sequestration") if the total discretionary appropriations in various categories exceed in a fiscal year the budget spending thresholds.[4] That is, if Congress enacts appropriation bills providing for discretionary outlays in each fiscal year that exceed the budget totals, unless Congress passes another budget resolution increasing the budget amount, an across-the-board spending cut in discretionary expenditure is automatically triggered on these categories, affecting all departments and programs by an equal percentage. The amount exceeding the limit is held back by the Treasury and not transferred to the agencies specified in the appropriation bills.[5] Under the 1985 Act, allowable deficit levels were calculated for the eventual elimination of the federal deficit. If the budget exceeded the allowable deficit, across-the-board cuts were required. Directors of the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) were required to report to the Comptroller General regarding their recommendations for how much must be cut. The Comptroller General then evaluated these reports, made his own conclusion, and gave a recommendation to the President, who was then required to issue an order effecting the reductions required by the Comptroller General unless Congress made the required cuts by other ways within a specified amount of time.

Trump may be trying to sequester domestic spending.

2,087 posted on 03/24/2018 6:43:06 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot; WildHighlander57; greeneyes; No_Doll_i; bagster; Cboldt; reed13k; Duchess47; NIKK; ...
Ok . . . now put that letter from the white house (Post 2,083) to this provision. Is there a connection and how is it to be interpreted


2,091 posted on 03/24/2018 6:53:34 PM PDT by saywhatagain
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To: SkyPilot

I listened to several Speeches by General Mattis during his retirement explaining just how harmful this sequestration is to the military.

It’s like automatic cuts on everything, instead of evaluating what cuts could be tolerated and which ones couldn’t.


2,207 posted on 03/25/2018 12:40:07 AM PDT by greeneyes
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